Fair work commission decision falls between demands from the peak union body and business groups
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The Fair Work Commission says a 3.5% above-inflation increase to the minimum wage was necessary to avoid “entrenched” lower living standards among the millions of Australia’s lowest-paid workers.
The president of the FWC, Justice Adam Hatcher, said the decision would help claw back the loss of real incomes over the past few years, even as employer groups warned many smaller businesses would struggle the afford the “generous” pay rise.
Fair work commission decision falls between demands from the peak union body and business groupsAustralia news live: latest politics updatesGet our breaking news email, free app or daily news podcastThe Fair Work Commission says a 3.5% above-inflation increase to the minimum wage was necessary to avoid “entrenched” lower living standards among the millions of Australia’s lowest-paid workers.The president of the FWC, Justice Adam Hatcher, said the decision would help claw back the loss of real incomes over the past few years, even as employer groups warned many smaller businesses would struggle the afford the “generous” pay rise. Continue reading… Wages growth, Australian economy, Australia news, Industrial relations, Business Business | The Guardian
